The problem
Small businesses find 401(k)s costly, complex and risky to administer
What they do
Affordable 401(k) plans for small and mid-size businesses
Traction ~$200M ARR end-2025, +38% YoY (Sacra); $3B valuation
Hiring trend
- Open roles
- 64
- Ops roles
- 4
- Headcount
- ~877
est. ~877 staff (PitchBook); 72 open roles
Hiring in
- Lindon
- Little Rock
- Bakersfield
- Remote (US)
Glassdoor
4.0 ★ 422 reviews
Funding
- Last round
- $100M
- Stage
- Growth (Series E+)
- Date
- Oct 2025
Led by Baillie Gifford, BlackRock, Marshall Wace, Morgan Stanley, TPG (insiders)
- Hiring+264 open roles on the live job board (30+ roles = +2)
- Funding recency+1.5Growth (Series E+) · $100M, Oct 2025 (12 months ago): 6–12 months = +1, $100M+ round +0.5
- Traction+0.75Some growth: ~$200M ARR end-2025, +38% YoY (Sacra); $3B valuation
- Red flags0None found in the last 24 months
- Total4.252 + 1.5 + 0.75 − 0 = 4.25 → Race (4.25–4.74)
Distance (Half) is a separate read on how long the lead can last. It doesn't change the score.
Distance
Half · edge: hard to leave
Major SMB 401(k) provider at ~$200M ARR, but payroll partners steer distribution.
Last checked Oct 25, 2026